Charlotte Law Loses Federal Financial Aid

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Summary: For-profit Charlotte School of Law has had a tough year, but the loss of federal financial aid access for their students is a tough pill to swallow.

Charlotte School of Law lost access to federal financial aid, putting their students and the school in a predicament. Many students gathered outside the school to make their voices and desires known. One student, Luis G. Gonzalez said, “Keep the doors open. Let us graduate. That’s all I’m asking.”

  

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For the students like Gonzalez that will graduate in May, the possibility that they will not be able to is a nightmare that may come true. Law students take out thousands of dollars in debt so the chance that they won’t get anything out of the massive debt it upsetting.

The only thing Charlotte Law had to say to their students is that they will have more “clarity in the next few days” and that “every student should be assured that CSL will do everything possible to assist them, whatever their choices.” They won’t be accepting a new spring 2017 class due to the lack of financial aid. The school is looking at all their options before pulling the plug on their current students.

Some of these options include private loans and partnering up with Florida Coastal School of Law to allow their students to transfer and finish their degrees there. Students can transfer to other programs but only 30 credits can be transferred so second-year students and up would be required to repeat classes as well as tack on more debt.

Charlotte Law was placed on probation just over a month ago by the American Bar Association for issues with their admission policy standards and first-time bar passage rates.

Do you think the school should allow at least the students with a semester left to finish? Tell us in the comments below.

To learn more about Charlotte School of Law, read these articles:

• Charlotte School of Law Students File Class Action Fraud Lawsuit
• ABA Sanctions Two Law Schools for Low Admissions Standards
• Charleston Law Loses Another President

Photo: charlottebusiness.com